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Unformatted text preview: I would say that my current organization uses the percentage of sales method. The reason for this is that we have tons of accounts with people that they can use online and get discounts and they pay us for those services rendered to them. When we dont receive the money to cover their account we suspend their account so all they can use is cash. They can only use cash at a World Wide Service Station, which is just a regular service station that the FedEx employees work out of....
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This note was uploaded on 03/28/2011 for the course ACCT 349 taught by Professor Goyal during the Spring '09 term at University of Phoenix.
- Spring '09
- Financial Accounting